Wheat penny question

Comments

• keyman64 Posts: 15,548 ✭✭✭✭✭

  April 14, 2011 9:57AM

  Only worth what someone else is willing to pay...that being said, many dealers will pay you 2 cents each....so about $100.

  "If it's not fun, it's not worth it." - KeyMan64
  Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
  

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• Durexmetals Posts: 329 ✭✭

  April 14, 2011 10:04AM

  I don't know what I was thinking but I bought them off a guy for 2c each . Would eBay be a good outlet to dump them a make a buck or two?

  Always Buying Modern Gold, Silver, & Platinum Eagles.

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• savoyspecial Posts: 7,311 ✭✭✭✭

  April 14, 2011 10:04AM

  check the 1955 and 1958 Philly coins for double dies

  www.brunkauctions.com

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• LotsoLuck Posts: 3,786 ✭✭✭

  April 14, 2011 10:05AM

  Check ebay for sold lots. Even with shipping people seem willing to pay more then two cents each.

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• GrumpyEd Posts: 4,749 ✭✭✭

  April 14, 2011 10:08AM

  Look for varieties before you sell them.
  
  Expect most dealers have a buy price of 2 cents and sell price of 3 cents.
  If you find someone that wants them you might end up with 3 cents. ($150 a bag)

  Ed

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• mrpotatoheadd Posts: 7,576 ✭✭✭

  April 14, 2011 10:17AM

  I bought a boatload of wheats a few years back with the intention of selling on eBay. A lot of work, not a lot of profit. I ended up selling most of them to one of the advertisers in the back of Coin World who was buying.
  
  One thing to consider, if you decide to go ahead and list them- shipping rolls isn't as cheap as lots of buyers seem to think. Even if you charge actual postage rates, you may still get complaints about "excessive shipping".

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• Coppercolor Posts: 1,475 ✭✭✭

  April 14, 2011 11:30AM

  
  
  << <i>One thing to consider, if you decide to go ahead and list them- shipping rolls isn't as cheap as lots of buyers seem to think. Even if you charge actual postage rates, you may still get complaints about "excessive shipping". >>
  
  
  
  Sooooo very true. I have the low shipping scores to prove it. Da Fargin' Bastages!@!
  
  

  I'd like my copper well done please!

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• johnny9434 Posts: 29,300 ✭✭✭✭✭

  April 15, 2011 4:17AM

  
  
  << <i>Only worth what someone else is willing to pay...that being said, many dealers will pay you 2 cents each....so about $100. >>
  
  
  
  that about sums it up

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• atarian Posts: 3,116 ✭

  April 15, 2011 4:53AM

  Id be interested for 2.5 cents ea or 125.00 but if u box them in a med flat rate 10.70 u should fit them all in so 136 delivered is the most I'd go personally.

  Founder of the NDCCA. *WAM Count : 025. *NDCCA Database Count : 2,610. *You suck 6/24/10. In memory of Tiggar 5/21/1994 - 5/28/2010
  
  

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• tahoe98 Posts: 11,388 ✭✭✭

  April 15, 2011 4:59AM

  
  ...let's give 'em away!!!

  "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington

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• scottgardener Posts: 1,205 ✭

  April 15, 2011 6:53AM

  The copper content alone is worth more than two cents; 1959-1982 cents have about 2.7 to 2.8 cents worth of copper. The added novelty of the wheat backing ought to be worth a little more. I would set them aside as a mini-hoard to stuff in the attic or something.

  Improperly Cleaned, Our passion for numismatics is Genuine! Now featuring correct spelling.

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